RAAIM Update Call

The ISO has scheduled a stakeholder call for July 20, 2017 to provide an update on the Resource Adequacy Availability Incentive Mechanism (RAAIM).

During the June 28 Market Settlements User Group call, the RAAIM settlement issues were discussed with Stakeholders. At that time, the ISO stated its intention to file a petition with the Federal Energy Regulatory Commission (FERC) for a limited tariff waiver to forego assessing any RAAIM charges for the period April 1, 2017 through December 31, 2017 until the RAAIM calculation issues can be corrected and retested by Market Participants. After further discussion with stakeholders and the FERC, the ISO will present the issues, with the current RAAIM implementation, and the options that are being considered to resolve the identified errors in the most amicable manner.